Market fell, yet dividend stocks shined! From ITC to Bajaj Auto, know which stocks are in focus.

EX-Dividend Date: The Indian stock market closed with a decline on Tuesday. Major index Nifty 50 fell by about 0.49 percent and closed at the level of 23,913.70. As the market weakens, investors are now eyeing those big companies which have announced dividend and ex-dividend date for May 2026.

This list includes big companies like ITC Limited, Bajaj Auto, Torrent Pharmaceuticals, ICICI Lombard General Insurance, and Bank of India.

Also read: Silver News: Now beware of fake silver! Cheap metal is being mixed in coins and jewellery, BIS alerts

What is ex-dividend date?
Ex-dividend date is the date which decides whether an investor will get the declared dividend of the company or not. If an investor wants to take advantage of dividend, he has to buy shares before the ex-dividend date. If shares are purchased on or after the ex-date, the right to that dividend remains with the old shareholder. For this reason, investors interested in dividends take special care of these dates.

Are investors keeping an eye on these companies?

ITC Limited
It is counted among the largest diversified business companies of the country. The company works in sectors like FMCG, cigarettes, hotels, packaging and agri business. ITC is known for continuously paying dividends for a long time.

Bajaj Auto
It is India’s leading two-wheeler and three-wheeler vehicle manufacturer. The company has a strong identity due to popular brands like Pulsar and Dominar. Investors like the company because of its strong cash flow.

Torrent Pharmaceuticals
It is included in the big companies of the pharmaceutical sector. In which investment is made in the business of medicines for heart related diseases, diabetes and other diseases.

ICICI Lombard
It is a large private sector general insurance company, which provides services like motor, health and travel insurance.

Bank of India
This is a big public sector bank, which is working rapidly on retail banking, corporate loan and digital banking services.

Also read: The game of interest rates and the movement of the stock market, know why there is a storm in the market as soon as the repo rate increases.

Why do investors like dividend stocks?
Dividend paying companies are generally considered strong and stable. Such stocks also provide investors with an opportunity for long term capital appreciation along with regular income. However, experts say that investors should not invest only after seeing high dividends. It is also important to keep in mind the company’s financial position, future growth and valuation.